Skip to main content

Georgia's transport plan

Georgia's transport system will benefit from a loan worth US$300 million being provided by the Asian Development Bank (ADB).
March 1, 2012 Read time: 1 min
Georgia's transport system will benefit from a loan worth US$300 million being provided by the 943 Asian Development Bank (ADB). The loan will be for the 2010-2018 period and will be used for Georgia's urban investment programme, of which transport forms a key component. The first project being planned will be for road construction in the district of Mestia and the rebuilding of roads in the vicinity of Kutaisi.

For more information on companies in this article

Related Content

  • Pakistan’s key highway and bridge connections
    September 28, 2017
    Plans are now being drawn up for a series of projects that will form part of the China-Pakistan Economic Corridor (CPEC). Four road projects worth over US$3.32 billion have been added to the CPEC programme. The Chinese Government is now in agreement with the plans for the CPEC. One of the new roads being built will run from Naukundi, through Mashkel and to Panjgur. The road will join National highway N-40 with CPEC Route N-85, and the Zhob-Kuchlak route. This last link forms part of the Western Corridor CPE
  • Roads upgrade in India’s Maharashtra State
    August 12, 2019
    A major road upgrade programme is being planned for India’s Maharashtra State. A loan worth US$200 million is being provided by the Asian Development Bank (ADB) to pay for the work. The plan calls for roads in 34 of Maharashtra State’s districts to be surfaced. The State Government will provide $96 million to the programme also. The ADB is also providing a$1 million for technical assistance to the Maharashtra Rural Road Development Association.
  • ADB extends US$252mn loan to fund road construction in five India states
    April 9, 2013
    Philippines-based Asian Development Bank (ADB) has agreed to loan the Indian government US$252 million for key road construction projects. The 25-year loan has a grace period of five years, a commitment charge of 0.15% per annum, and the interest rate will be determined on ADB’s LIBOR-based lending facility. The loan will be used to finance the construction of 3,461km of all-weather rural roads in West Bengal, Odisha, Madhya Pradesh, Chhattisgarh and Assam with the first phase scheduled to complete in Decem
  • ADB loan for Armenia-Georgia highway
    November 4, 2016
    Approval for a US$50 million loan to develop a highway stretch in Armenia has been given by the Asian Development Bank (ADB). The loan will be used to upgrade the M6 Highway from Vanadzor in Armenia to the country’s border with Georgia at Bagratashen. The route is one of the most strategic roads for internal and external trade for landlocked Armenia while it also lies close to the country’s border with Azerbaijan. The upgrading of this highway will also provide an important link to the Black Sea Ring Road p